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الدستور
Judges: US deal boosts Jordanian exports
The news discusses a new agreement signed between Jordan and the United States aimed at boosting the competitiveness of Jordanian exports and improving trade cooperation between the two countries. The agreement includes a preferential benefit of reducing customs duties on products, especially in the clothing and textile sector, which accounts for about 70% of exports to the United States. Under the agreement, Jordan has received the lowest percentage of additional tariffs imposed by the U.S. on most countries (10%), enhancing its competitiveness and increasing exports and investments. The agreement also focuses on simplifying trade procedures and reducing technical barriers, with expectations of increased trade exchange and foreign direct investment. The agreement is expected to come into effect at the beginning of next month and will contribute to increased demand for Jordanian products and greater economic growth for both countries.
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